TSXV:DE - Post Discussion
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Betteryear2 on Aug 12, 2021 6:12pm
Financial Results and Announces Monthly Dividend Increase
August 12, 2021 - TheNewswire – Kelowna, British Columbia: Decisive Dividend Corporation (TSXV:DE) (the “Company” or “Decisive”) today reported its financial results for the three and six months ended June 30, 2021.
Along with the release of its earnings, the Company is pleased to announce an increase in its monthly dividend to $0.025 per share. The increased monthly dividend represents annualized dividends of $0.30 per share, up from the previous level set at $0.24 per share on an annualized basis.
Highlights of the Company’s financial performance in Q2 2021 include the following:
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- Consolidated sales increased 60% to $14.2 million in Q2 2021 compared to $8.9 million in Q2 2020.
- The quarterly sales increase brings first half consolidated sales to $28.1 million, an increase of $6.3 million, or 29%, relative to the first half of 2020.
- Generated $2.6 million in Adjusted EBITDA* in Q2 2021, an increase of 30% relative to Q2 2020.
- First half 2021 Adjusted EBITDA* of $4.7 million represents a 30% increase compared to the first half of 2020.
- Invested $0.9 million in the first half of 2021 toward equipment that increases production capacity and improves operational efficiency.
https://www.thenewswire.com/press-releases/1AXXFVJbN-decisive-dividend-corporation-reports-financial-results-for-the-three-and-six-months-ended-june-30-2021-and-announces-monthly-dividend-increase.html
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